Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter 6.5, Problem 7TP
Summary Introduction

To determine: The advantages that small businesses have over big businesses for selling in worldwide markets.

Introduction:

A business that is self-reliantly owned and operated and is not the leading one in its field of operation, meets few standards of size in terms of annual receipts or employees is termed as small business.

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